Mr. Frank Lagiglia reports

TAURUS GOLD CORP. ANNOUNCES INTENTION TO CLOSE FIRST TRANCHE OF PRIVATE PLACEMENT

Taurus Gold Corp. intends to close the first tranche of its previously announced non-brokered private placement of units on Oct. 9, 2024, whereby the company intends to issue 920,000 units at a price of five cents per unit for gross proceeds of $46,000.

Each unit shall consist of one common share in the capital of the company and one-half common share purchase warrant of the company. Each whole warrant entitles the holder to purchase one common share for a period of 24 months from the date of issue at an exercise price of 10 cents per warrant share.

The securities to be issued pursuant to the first tranche are subject to a four-month-and-one-day hold from the date of issuance.

The funds raised pursuant to the private placement shall be for general working capital purposes (general and administrative).

Although the company may pay a finder's fee to eligible persons in compliance with applicable securities laws and exchange policies in connection with the private placement, no finders' fees were paid in connection wit the first tranche. The private placement remains subject to the approval of the Canadian Stock Exchange.

About Taurus Gold Corp.

Taurus Gold currently has approximately 37 million shares outstanding and is a mineral exploration company with a focus on gold exploration. Taurus Gold has a 51-per-cent ownership and an option to earn a 100-per-cent interest in the Charlotte property. The Charlotte property is located in the traditional territory of the Little Salmon Carmacks First Nation.

We seek Safe Harbor.